Waterstone Financial, Inc. (NASDAQ:WSBF) Increases Dividend to $0.17 Per Share

Waterstone Financial, Inc. (NASDAQ:WSBF) announced a quarterly dividend on Tuesday, March 17th. Shareholders of record on Wednesday, April 8th will be paid a dividend of 0.17 per share by the savings and loans company on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, April 8th. This is a 13.3% increase from Waterstone Financial’s previous quarterly dividend of $0.15.

Waterstone Financial has decreased its dividend payment by an average of 0.1%per year over the last three years.

Waterstone Financial Stock Up 0.7%

Shares of NASDAQ WSBF opened at $17.77 on Wednesday. Waterstone Financial has a 1 year low of $11.61 and a 1 year high of $18.88. The company has a market capitalization of $326.26 million, a price-to-earnings ratio of 11.93 and a beta of 0.81. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.30 and a quick ratio of 1.20. The business has a 50-day moving average of $17.78 and a two-hundred day moving average of $16.38.

Waterstone Financial (NASDAQ:WSBF) last issued its earnings results on Wednesday, January 28th. The savings and loans company reported $0.44 earnings per share for the quarter. The business had revenue of $37.17 million for the quarter. Waterstone Financial had a return on equity of 7.67% and a net margin of 13.12%.

About Waterstone Financial

Waterstone Financial, Inc is a bank holding company based in Glendale, Wisconsin, that provides a broad range of financial services to individuals, businesses and institutions. Its primary operations are conducted through its wholly owned subsidiary, Waterstone Bank, which offers deposit products, loan facilities and treasury management services. The company focuses on delivering relationship-based banking solutions tailored to the needs of small and medium-sized enterprises as well as retail customers.

In addition to traditional commercial and consumer banking, Waterstone Financial supports its clients with specialized financing, including real estate, equipment and asset-based lending.